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Exp TickSniper is a fully automated MT4 expert advisor that scalps on incoming ticks and works out its own stop, take profit and averaging distances for each symbol it is attached to.
Get one message the moment it launches, with its price.
Exp TickSniper is an automated scalping expert advisor for MetaTrader 4. It reacts to incoming ticks, opens short-term trades and manages them as a series, while calculating most of its working distances from the conditions of the symbol it is attached to.
Instead of asking you to tune dozens of inputs, the expert advisor reads live data: current quotes, how quickly ticks arrive, the spread and how it behaves, and the contract specification of the symbol. From these it derives stop loss, take profit, averaging distances and trailing-stop parameters.
Averaging increases exposure while price moves against the position, so account size, lot size and margin deserve careful thought.
The expert advisor trades the symbol of the chart it sits on. EURUSD, USDJPY and USDCHF are the pairs most often mentioned for it. The chart timeframe is not important, because decisions are based on ticks and not on completed bars. Use one chart per pair.
Quote quality matters a great deal. A floating-spread account with fast execution is generally preferred, and zero-spread accounts are not suited to this model. Other programs that load your connection or VPS can reduce the number of signals and hurt execution. The developer gives suggested deposit levels and pair counts for different risk appetites; check the current product page for those figures and confirm them against your own broker before relying on them.
The inputs are designed to work from their defaults, since the main parameters are calculated automatically. Before going live, open the inputs tab and review what is available, such as lot sizing and risk-related options, and verify them on a demo account. Settings that are not described here should be checked in the terminal rather than assumed.
Because the logic relies on real tick flow, the Strategy Tester is not a reliable way to judge it. Run it on a demo account with a broker similar to your intended live one and watch how it behaves over a meaningful period.
Trading carries risk, and you can lose more than you expect, especially with averaging methods. Past results do not predict future ones, and outcomes vary between brokers. Test on demo first and only trade money you can afford to lose.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 |
| Strategy focus | Scalping |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (fully automated) |
| Trade style | Tick scalping with averaging and trailing stop |
| Markets | Forex pairs; EURUSD, USDJPY and USDCHF are commonly used |
| Timeframes | Not critical; the EA reacts to ticks, not bars |
| Account type | Floating spread, ECN-style account suggested |
| Strategy Tester | Not suited; the logic relies on live tick flow |
| Requirements | Stable connection or VPS, AutoTrading enabled |
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This listing is for the MetaTrader 4 build, which uses an .ex4 file and will not load in MT5. If you trade on MT5, look for the separate MT5 edition of the product instead of attaching this one.
The expert advisor calculates its main trading and position-management parameters itself, so many users begin with the defaults. Always check the input list inside your terminal, and test on a demo account before using real money.
It is not a good fit. The method depends on real tick arrival speed, live spread behaviour and execution, which the tester does not reproduce well. Tester results would not represent live behaviour, so judge it on a demo chart in live market conditions.
A floating-spread account with fast execution and clean quotes is generally preferred for tick scalping. Zero-spread accounts are described as unsuitable for this model. Results differ between brokers, so compare conditions and trial on demo first.
Copy the .ex4 file into the Experts folder via File, Open Data Folder, MQL4, Experts. Restart MetaTrader 4 or refresh the Navigator, drag the expert onto a chart of your chosen pair, and switch on AutoTrading with live trading allowed in the properties window.
The expert advisor trades only the symbol of the chart it is attached to, so each pair needs its own chart. More pairs mean more combined exposure, so check margin and total risk before adding any.
Exp TickSniper
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